CEO & Board of Directors Responsibility

[UPS Lifer]

That is somewhat true due to the A shares holding 10 votes each. But, with the amount of stock in public hands (more than 50% now) the votes are a matter of public record and certainly do hold some sway.

Where did you get the number that 50% of the stock was in public hands? Only 10% was released in '99 and the company has been buying it back in droves ever since111

 

[UPS Lifer]

The primary responsibility of a public company's CEO & Board of Directors is to increase the company's stock price by 7% to 10% per year....UPS stock price when adjusted to inflation has declined 19% since going public......Its far past time for a new CEO & Board of Directors.....The next CEO should be a non-UPSer with experience turning companies around...

You said what I have been thinking UPS needs new blood at the top. An outsider might be a good thing. We need to restore trust and leadership at the top and get rid of the micro managing so the front line teams (mgmt & non-mgmt) can start doing more than building walls and throwing bricks at each other!

However, nothing is going to change until the contract is settled. Sooooo, hope for a settlement soon!

We are all here to make money and if one of your largest investments is not growing than it is time to do someting about it.